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Have you chosen a registered agent for your company?

When trying to get a South Carolina business off the ground or even while running the business after it's operational, it may seem like the decisions you need to make are never ending. Of course, you likely expected this task when you decided you wanted to start a business in the first place. In order to keep a company running and growing, you need to handle the daily decisions.

You also need to make decisions to ensure that your company meets all the requirements for the type of structure you have chosen, such as a limited liability company or a corporation. As you do this, you may want to make sure that you have chosen a registered agent for your company.

What is a registered agent?

Because your business will receive many important correspondences at various times, you need to have a person who can offer a physical address to which individuals can send those correspondences. Your registered agent provides this address and receives important documents intended for your company. For instance, your agent may receive mail relating to any of the following topics:

  • Tax filings
  • Legal documents
  • Litigation service of notices
  • Other important documents

Typically, the person, organization or other entity sending the information wants to make sure that the company receives it, which is why providing a physical address and having a registered agent to personally receive the correspondence is important. The agent will likely have to sign for the deliveries so that a record exists of the receipt.

Do you need a registered agent?

If you have registered your LLC or corporation with a corporation commission, you are required to have a registered agent and to provide the applicable corporation commission with the necessary information about your agent. After you provide this information, it becomes part of the public record, and anyone can access it.

Who should you choose as agent?

When it comes to appointing an agent, your board of directors can appoint an officer to act as the registered agent. However, if this does not work for your company for whatever reason, certain entities exist that your company could utilize for registered agent services, but you will likely have to pay a fee.

As you can see, a registered agent has a consider responsibility to the company, and you undoubtedly want to make sure to choose the right person for the job. In order to gain more information on this role, you may want to consult with your legal counsel.

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A Business Law Firm, LLC
1989 South Pine St.
Spartanburg, South Carolina 29302

Phone: 864-308-2486
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